617.2
RevenueVND B
392.1
421.4
447.0
474.4
507.6
545.0
590.0
620.6
671.8
722.4
631.5
7.31%
7.07%
31
4.07
Revenue growth%
19.75
18.93
18.45
19.93
18.93
20.60
19.86
22.22
20.81
19.60
23.98
20.60
19.81
88
29.74
Gross margin%
38.83
38.26
37.38
39.86
39.54
38.73
35.85
35.61
38.55
39.28
15.20
38.55
38.64
32
16.86
Operating margin%
20.27
22.06
24.61
25.85
25.58
28.15
28.02
26.42
28.64
25.97
4.12
28.02
25.91
61
16.76
Net margin%
3.72
1.02
0.40
1.16
0.40
0.40
0.40
1.72
2.86
2.51
14.04
1.72
1.09
47
24.82
P/E ratio (avg)x
51.24
60.23
63.03
68.71
72.53
80.41
90.44
103.0
122.0
120.4
28.53
103.0
76.47
22
33.97
EV/EBITx
21.35
21.73
21.74
22.53
23.78
24.08
27.94
27.56
27.75
27.51
7.474
27.56
23.93
53
9.48
FCF yield (avg)%
9.69
7.43
6.09
4.17
1.50
0.80
3.29
4.78
6.28
5.76
7.41
4.78
5.27
21
20.15
FCF margin%
2.08
0.40
1.92
0.40
2.89
4.55
5.23
7.79
7.48
10.42
27.51
7.48
3.72
78
1.072
FCF / Net incomex
0.203
0.175
0.153
0.131
0.142
0.148
0.155
0.168
0.156
0.135
1.686
0.155
0.154
42
28.35
ROIC%
3.85
3.06
1.69
0.40
2.99
1.33
0.40
3.17
1.53
0.40
11.72
1.33
1.61
42
18.86
Return on equity%
22.52
24.38
21.96
20.87
18.24
20.73
20.46
20.20
22.77
22.55
5.92
20.73
21.41
74
11.55
Return on assets%
20.02
22.98
21.61
19.93
17.25
19.35
22.09
19.86
22.25
19.35
27.31
19.86
19.98
45
2,021
EPSVND
1,277
1,193
1,301
1,371
1,453
1,392
1,377
1,352
1,508
1,694
2,192
3.11%
1.97%
—
19.55
EPS growth%
18.57
15.79
16.25
18.45
17.45
19.96
21.24
22.11
24.30
22.92
22.03
22.11
19.27
92
1,016
Bookvalue per shVND
4,244
4,478
4,540
5,187
5,671
6,119
6,568
6,499
6,876
7,486
628.71
5.71%
7.04%
—
2,802
FCF per shareVND
4,712
4,757
5,489
5,905
6,368
6,730
7,773
8,855
9,805
11,154
1,115
11.86%
10.03%
—
3,080
Dividend per shVND
2,795
2,996
2,822
2,506
2,612
2,730
2,521
2,731
2,672
2,337
1,484
(2.20%)
(1.56%)
—
11.19
Div yield (avg)%
7.45
5.68
6.44
9.38
7.33
8.56
7.46
7.10
7.54
6.56
6.39
7.46
7.39
70
20.82
Payout ratio%
20.34
17.52
19.58
19.64
19.87
20.99
19.80
17.60
16.59
14.39
13.24
17.60
19.61
48
94.73
Shares (diluted)M
90.81
92.11
97.31
103.8
95.16
91.38
101.8
105.9
106.4
109.8
95.56
2.91%
2.60%
33
28.56
Buyback yield%
11.96
11.81
8.83
10.87
11.05
9.12
8.32
10.75
10.44
12.94
20.80
10.44
10.81
60
1.456
D/E ratiox
1.301
1.352
1.609
1.577
1.605
1.882
2.243
2.648
2.755
2.777
0.730
2.648
1.745
66
558.6
Enterprise valueVND B
982.4
1,173
1,392
1,385
1,455
1,610
1,844
1,948
2,083
2,172
556.2
8.35%
8.87%
67
437.4
LT debtVND B
901.6
951.7
989.6
1,094
1,221
1,411
1,650
1,670
1,817
2,072
691.1
11.16%
10.67%
13
Revenue
VND 722.4B
7.07%
1.00×
Cost of revenue
VND 410.5B
6.92%
0.99×
Operating expenses
VND 74.02B
7.80%
1.07×
Cash and investments
18.53%
Spread over hurdle
10.02%